SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (25228)7/11/2000 11:49:27 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
So far this has been consolidating. But it is starting to look like a stall to me. I will know more on an upcoming test of the 20 EMA on the 3-min SPOO chart. The only thing that is telling me this market may be OK for further gains is as price pulls back, it contracts further. The 15-min chart is now showing a small bull flag. But shortly we will be into the lunch session.

**update**

Price now between the 20 EMA 3 and the 20 EMA 7. Close enough to the 20 EMA 7 to be a "test". Now a move to the 20 EMA 3 above price.

**update**

About another minute should tell. It is right now 12:01 PM EST.

Bob Graham